If there were other costs incurred to acquire the house such as if you spend money for tax advice, tickets to fly to look at the house( or milage) and such also gets added to the basisThe following items are some settlement fees and closing costs you cannot include in the basis of the property.1.

I leave for basic training in January and come back in March.

The tickets are transferable to Bigger Pockets Members, which I am. 

My name is Matt and I am currently stationed at Lackland AFB as an Instructor for Basic Training.

It's best to have a trained tax person go over it, including how the IRS will want to"recapture" the depreciation if/when you sell, and why it could be very helpful to do a 1031 exchange if/when you sell.  

They do not have the capacity or training to process such investments, and more importantly, a way to earn commissions on real estate. 

Low risk if I crash and burn and this property could be my training wheels.

Hi,I'm under contract for a fourplex, and currently in post inspection negotiation.My real estate agent asked me to sign a repairs amendment to the offer that includes a termite letter for the entire property (disclosure from previous offer inspection), as well as FHA required fixes.My question is: should I include additional repairs on this list, or is it possible to negotiate those big ticket items after the current repairs are done?

However, it always depends on the shape of your property and age of big ticket items like roof, Hvac, etc.

Took the state online training for free which took about an hour, then took the free online exam in about 30 minutes.